01606cas a2200241 a 4500 AALejournalIMF017394 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475573084 1018-5941 BD-DhAAL BD-DhAAL Vihriala, Erkki. Household Consumption in Japan : Role of Income and Asset Developments / Erkki Vihriala. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (33 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We study Japanese household consumption at a disaggregated level focusing on the role of income and asset dynamics. Stagnation of real per capita consumption is widespread acrosslabor market groups, age groups and regions. Consumption-to-income ratios have been mildly increasing due to the rising share of pensioners with significant assets. Evidence therefore suggests that assets have become more important in financing consumption. However, the short-term consumption dynamics remain quite sensitive to income growth but not to asset market movements. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2017/023 Full text available on IMF http://elibrary.imf.org/view/journals/001/2017/023/001.2017.issue-023-en.xml IMF e-Library